Please propose a plan for protecting your intellectual property. In your plan, be sure to identify the different types of intellectual property that you are concerned about protecting and what steps you would take for each. Additionally, please consider your competition. What concerns do you have regarding infringing the intellectual property of others?
This can be submitted in outline form. There is no right or wrong answer. The maximum credit is 25 points. I have shown the approximate point distribution below. Question 3 is a critical part of your submission. You have to provide a brief explanation of why a particular IP component applies to your product.
Outline Form (copy and paste)
1. What is your product or service? Give a brief description. (5 points)
2. What are its attributes? For example, does it have a brand name or maybe a particular design. (roughly 10 points)
3. Do the following IP components apply to your product? And, how do they apply? (roughly 10-15 points)
a. Patents
b. Copyrights
c. Trademarks
d. Trade Secrets
4. What about your competition? What role does IP play for them? And, how does that affect you? (roughly 5-10 points)
5. Do you have any other Intellectual Property observations? (roughly 0-5 points)